International Assets Investment Management LLC Boosts Stock Position in Epsilon Energy Ltd. (NASDAQ:EPSN)

International Assets Investment Management LLC raised its stake in Epsilon Energy Ltd. (NASDAQ:EPSN) by 47.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 37,705 shares of the company’s stock after purchasing an additional 12,110 shares during the period. International Assets Investment Management LLC owned 0.17% of Epsilon Energy worth $207,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EPSN. Mcintyre Freedman & Flynn Investment Advisers Inc. grew its stake in shares of Epsilon Energy by 1.8% during the fourth quarter. Mcintyre Freedman & Flynn Investment Advisers Inc. now owns 114,400 shares of the company’s stock worth $581,000 after acquiring an additional 2,000 shares during the last quarter. Adage Capital Partners GP L.L.C. grew its stake in shares of Epsilon Energy by 4.6% during the third quarter. Adage Capital Partners GP L.L.C. now owns 1,046,640 shares of the company’s stock worth $5,526,000 after acquiring an additional 46,150 shares during the last quarter. Quadrature Capital Ltd grew its stake in shares of Epsilon Energy by 19.5% during the third quarter. Quadrature Capital Ltd now owns 24,111 shares of the company’s stock worth $128,000 after acquiring an additional 3,928 shares during the last quarter. O Shaughnessy Asset Management LLC grew its stake in shares of Epsilon Energy by 18.7% during the third quarter. O Shaughnessy Asset Management LLC now owns 75,707 shares of the company’s stock worth $400,000 after acquiring an additional 11,904 shares during the last quarter. Finally, Janney Montgomery Scott LLC purchased a new stake in shares of Epsilon Energy during the third quarter worth about $361,000. Hedge funds and other institutional investors own 60.33% of the company’s stock.

Insider Buying and Selling

In other news, CEO Jason Stabell bought 14,708 shares of the firm’s stock in a transaction that occurred on Wednesday, May 22nd. The stock was purchased at an average price of $5.35 per share, with a total value of $78,687.80. Following the completion of the acquisition, the chief executive officer now directly owns 382,208 shares of the company’s stock, valued at approximately $2,044,812.80. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 5.53% of the company’s stock.

Epsilon Energy Stock Down 0.2 %

Epsilon Energy stock opened at $5.49 on Thursday. Epsilon Energy Ltd. has a 52 week low of $4.70 and a 52 week high of $6.35. The company has a market capitalization of $120.35 million, a price-to-earnings ratio of 23.87 and a beta of 0.35. The stock has a 50-day moving average price of $5.38 and a 200 day moving average price of $5.17.

Epsilon Energy (NASDAQ:EPSN) last released its earnings results on Wednesday, May 8th. The company reported $0.07 EPS for the quarter. Epsilon Energy had a return on equity of 4.89% and a net margin of 16.77%. The firm had revenue of $7.99 million during the quarter.

Epsilon Energy Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be issued a dividend of $0.063 per share. This represents a $0.25 dividend on an annualized basis and a dividend yield of 4.59%. The ex-dividend date is Friday, June 14th. Epsilon Energy’s dividend payout ratio (DPR) is 108.70%.

Epsilon Energy Profile

Epsilon Energy Ltd., a natural gas and oil company, engages in the acquisition, development, gathering, and production of natural oil and gas reserves in the United States. The company operates through Upstream and Gathering System segments. It has natural gas production in the Marcellus Shale in Pennsylvania; and oil, natural gas liquids, and natural gas production in the Permian Basin in Texas and New Mexico, and Anadarko Basin in Oklahoma.